Wednesday, August 22, 2012

SKUMARSYNF showing good buying oppertunity?

On daily chart SKUMARSYNF looking in good demand zone. On my side I would not like to buy more, as it is a small stock and under performer with the market. 22.10 will be a good stop loss. But buying SKUMARSYNF at this level (CMP 24.25) is going to be little risky as the supply zone is around 25.75-26.85 ..so better option to buy on decline around 23..or we can apply our trade management.

1 comment:

Unknown said...

Hello Narendra Das Ji,

Yes S Kumar is very good buying opportunity..........as the momentum is sideways......... In my view its very good to buy at this level @24